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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01458615: Rand, Driver and Israel (DS10)

Financial RecordDate unavailableEFTA014586152 keyword hits
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This document appears to be a financial analysis discussing the South African rand currency, focusing on economic fundamentals, a slowing economy, and structural challenges. The text suggests a bearish outlook on the rand and indicates minimal expectation of intervention by the South African Reserve Bank (SARB) to stabilize the currency.

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PersonKeyword
Excerpt 1
South Africa We maintain our medium-term bearish bias on the **rand** on weak fundamentals, a slowing economy and structural roadblocks (electricity shortages
Excerpt 2
We also do not expect the SARB to stem the slide in the **rand** either via rates or via FX interventions.
Excerpt 3
The political situation will continue to be a key **driver** of fx, but there is considerable uncertainty regarding the election outcome and the timeline of

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